US Borrowing Money from China to Give Foreign Aid to . . . China???

With America still drowning in debt, critics in and outside of Congress say it’s time to reassess U.S. foreign aid -- especially to China.

"We started looking at the contracts and it was rather amazing that the No. 1 recipient of these taxpayer dollars were Chinese-state owned corporations," said Sen. Jim Webb, D-Virginia, referring to $320 million dollars worth of U.S. government contracts let to China. "I think we can take a good hard look where we're giving foreign aid."